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- Mg42 replied Aug 27, 2012
Book Comments — I want to post my thoughts about the book in case anyone is considering a purchase. I was initially reluctant to buy the order flow book. I've found most books about trading to be a waste of money or present information that ...
- Mg42 replied Aug 9, 2012
Hi jsvihla, the DBHLC has to close lower than the low of the prior bar. It looks like this pair has a lower close than the prior day's close, but not lower than yesterday's low. Other J16 folks, please correct me if I'm wrong on this...thx ***EDIT ...
- Mg42 replied Aug 6, 2012
Hi Donkey, I'm waiting for an entry on this one too. Slightly different view and decision criteria but same idea..see post: url It's pretty cool how all of the different approaches and mix of approaches come together to suggest the same trade. I ...
- Mg42 replied Aug 6, 2012
Chandra's Short Trade — ****edit: Hey Chanya..sorry I misspelled your screen name in the subject Hey folks, it looks to me like Chanya is going for the reverse trade...meaning: If the level fails to hold, it can then be traded the other way. ...
- Mg42 replied Aug 6, 2012
Hi again..reason noted in first post, the high of the previous bar and low of that deep swing are an FTA for me. I'll take the analysis a step further and say that I would personally wait for a weekly bar to break the nose and close above that level ...
- Mg42 replied Aug 6, 2012
Hi there PB, I'd say the FTA is the high of the preceding bar because it lines up with the low of that deep swing several bars back. Not to say that it can't go further of course...but the s/r formed by that high and low would be my first concern.
- Mg42 replied Aug 6, 2012
Hi Davidtrader, I believe using Jaroo's method you want the HCR to be either a strong/deep swing point or a good area of consolidation that has also formed a a swing point. While the are you are referring to as an HCR is forming a consolidation, I ...
- Mg42 replied Aug 3, 2012
Hi there deletaskelta, I've been watching this one as well. I expect an entry next week assuming price does close above 82.36 I'm basing this entry on a weekly view. We have a weekly BUOB (continuation) closing above a 365/150 ema confluence last ...
- Mg42 replied Mar 31, 2011
GBP/USD 4H — Hi McFly..that was a DH w/out the lower close on my feed. I skipped that one..didn't care for the proximity of what looks like a FTA to me (1.6040 to 1.060ish) either. ..just my thoughts based on my feed Have a good one!
- Mg42 replied Mar 30, 2011
New to Forum — Hi all, I am new to the forum and want to introduce my self before participating. I've been learning this business for roughly 1.5yrs and have reached some consistency within the past few months. I've noted that decisions made ...
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